Crony capitalism related news.
The Amazon HQ selection may be a match made in heaven for Amazon and the politicians, but for local residents, commuters and taxpayers it’s only a reminder of how little their interests matter.
Like so many picks by so many presidents before him, President Trump didn’t go past K Street to pick a nominee for a major administration post.
Newly confirmed Fed Board member Michelle “Miki” Bowman won’t stand in the way of financing the out-of-control federal spending and will also be friendly to banks.
Everything the Fed did in 2008-9 and since was really about protecting the US treasury market. Now they might have to increase interest rates whether they want to or not to attract foreign buyers.
…of the day. No spin. No tabloid trash.
(From The Washington Examiner) The language we use to cover news events says a great deal about our editorial judgment. And the Associated Press’ handling of the long-shot recount efforts in Georgia and New Mexico says its judgment needs serious...
(From Reuters) The CIA believes Saudi Crown Prince Mohammed bin Salman ordered the killing of journalist Jamal Khashoggi in Istanbul, sources familiar with the matter said on Friday, complicating President Donald Trump’s efforts to preserve ties with a key U.S....
(From Reuters) Georgia Democrat Stacey Abrams admitted defeat in her effort to become the first black female U.S. governor on Friday, but said she planned to sue the state over voting problems and “gross mismanagement” of the election. Abrams’ announcement...
(From NBC News) The latest move to contest the appointment came in a lawsuit pending before the Supreme Court against the U.S. attorney general, who was Jeff Sessions when the case was filed in June. The challengers asked the justices...
(From The Washington Examiner) White House press secretary Sarah Sanders said Friday the White House will “temporarily reinstate” CNN reporter Jim Acosta’s press badge after a U.S. district judge ruled the White House suspended it illegally. But Sanders also said...
(From UPI) In what it calls the largest audit in history, the U.S. Department of Defense on Friday outlined deficiencies within the Pentagon it says will cost roughly $600 million to fix. The audit details inventory discrepancies, financial reporting errors...
(From AP News) Andrew Wheeler, a former congressional aide and lobbyist who has led the Environmental Protection Agency since his scandal-plagued predecessor resigned earlier this year, has gotten President Donald Trump’s nod for the permanent job. Wheeler’s promotion from acting...
(From AP News) President Donald Trump says he “very easily” answered written questions from special counsel Robert Mueller, though he speculated that the questions had been “tricked up” to try to catch him in a lie . . . The...
(From The Hill) Senate Majority Leader Mitch McConnell (R-Ky.) and Sen. Jeff Flake (R-Ariz.) clashed during a closed-door lunch meeting Thursday, with McConnell challenging Flake’s effort to force a vote on legislation protecting special counsel Robert Mueller. . . ....
(From The Guardian) The education department released a plan on Friday that would require schools to investigate sexual assault and harassment only if the alleged misconduct was reported to certain campus officials and only if it occurred on campus or...
(From The Guardian) Theresa May is battling to halt a growing revolt from the Tory right after half a dozen more backbenchers came out in favour of a no-confidence vote and the organiser of the rebellion publicly predicted more MPs...
(From The Washington Examiner) The Supreme Court has agreed to consider a dispute over evidence in a politically fraught case about the Trump administration’s plans to include a citizenship question in the 2020 Census. . . . More than a...
President Eisenhower was right about the Military Industrial Complex, which he feared was becoming too powerful in the wake of World War 2 and as The Cold War stretched out ahead of him. He saw the emergence of the giant...
As we’ve said many times, we are not gun guys but we are very happy that the 2nd Amendment exists. There is a reason the right to bear arms is right after the right to free speech. Both the 1st...
(From Politico) Nancy Pelosi is facing an unexpected flare-up on climate change that is complicating relationships among House Democrats ahead of crucial leadership elections. Incoming liberals, led by Rep.-elect Alexandria Ocasio-Cortez of New York, are demanding Pelosi go beyond her...
(From Huffpost) A day after a lengthy New York Times investigation found that Facebook went to great and potentially unethical lengths to muffle criticism of its inaction over disinformation efforts on the site, CEO Mark Zuckerberg addressed the controversy. “I’ve said many...
